IRELAND MORTGAGE LOAN FOR FOREIGNER NON-RESIDENT
IRELANDHOME FINANCE FOR NON-RESIDENT FOREIGNER

IRELAND MORTGAGE LOAN FOR FOREIGNER NON-RESIDENT 2024

IRELANDHOME FINANCE FOR NON-RESIDENT FOREIGNER IRELAND MORTGAGE LOAN FOR FOREIGNER NON-RESIDENT 2024

In Ireland, a mortgage loan for non-resident foreigner is defined by a home financing facility granted to a non-Irish real estate purchaser whose domicile is overseas and who needs an Irish bank to assist him to finance this purchase.

In Ireland, a home financing for a foreigner who is not resident within the Irish territories has the objective to make funding for buying an Irish property possible by exploiting the financial services of Irish banks.

In Ireland, a mortgage loan for non-resident foreigners is facing several hurdles, first the fact that the borrower has no Irish credit score, secondly Irish banks have to apply the new EU rules which severely restricting lending facilities which are in Euros given the exchange rate risks a borrower may be facing.

In Ireland, a home loan for non-resident remains nevertheless possible if the borrower applies two main requirements: the one related to a down payment of at least 30% of the home value (to achieve an LTV or Loan to Value of 70%), and the other one related to a six digits yearly salary.